The EU is worried the takeover would increase Mars' bargaining power and hike prices for consumers. The snack maker said it was hopeful the deal to acquire Pringles' maker Kellanova would go through.
Very much so. This is corporate power in action. In terms of Mars buying Pringles (I’m surprised they weren’t already owned by one of the mega corps) then no it doesn’t really change anything re big brands vs smaller brands and small/local producers. It’s just another step towards a monopoly.
Good point but then I have to ask
This sounds like the real issue because it doesn’t really change much if Mars and Kellanova are already dominating the supermarket aisle space?
Just instead of 2 American brands dominating the space it’s 1 (no difference to shelf space for non-American chocolates)
Very much so. This is corporate power in action. In terms of Mars buying Pringles (I’m surprised they weren’t already owned by one of the mega corps) then no it doesn’t really change anything re big brands vs smaller brands and small/local producers. It’s just another step towards a monopoly.